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Oracle 1z0-1054-22 Exam Syllabus Topics:

Topic Details
Topic 1
  • Manage General Ledger Security
  • Describe intercompany balancing
  • Manage Accounting Calendars

Topic 2
  • Create Allocations and Periodic Entries
  • Processing Intercompany Transactions

Topic 3
  • Process intercompany reconciliations
  • Configuring Enterprise and Financial Reporting Structures

Topic 4
  • Manage Reporting using Financial Reporting Web Studio
  • Explain the journal approval setup

Topic 5
  • Explain the Financial Reporting Center and available reporting tools
  • Manage Chart of Accounts Security

Topic 6
  • Manage Legal Jurisdictions, Legal Authorities and Legal Entities
  • Explain the General Ledger Balances Cube

Topic 7
  • Describe the General Accounting Dashboard and Work Areas
  • Describe Smart View accounting inquiry and analysis

Topic 8
  • Configuring Period Close Components
  • Configure and Process Intercompany

Topic 9
  • Configuring Financial Reporting
  • Analyze budgets versus actuals
  • Manage Account Hierarchies


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1z0-1054-22 Valid Study Questions & Top 1z0-1054-22 Exam Dumps

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Oracle Financials Cloud: General Ledger 2022 Implementation Professional Sample Questions (Q26-Q31):

NEW QUESTION # 26
You are setting up Close Monitor, which compromises a ledger set hierarchy definition.
Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.)

  • A. Chart of Accounts and Business Units
  • B. Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method
  • C. Chart of Accounts
  • D. Legal Entities, Business Units, and Chart of Accounts
  • E. Accounting Calendar

Answer: C,E
NEW QUESTION # 27
You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account's activities.
What type of report will provide this type of information?

  • A. Account Analysis Reports
  • B. an Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances
  • C. Aging Reports
  • D. Journals Reports

Answer: A
NEW QUESTION # 28
You are implementing a multipillar implementation of both HCM Cloud and ERP Cloud. You are implementing ERP first followed by HCM Cloud. You want to ensure your ledgers and chart of accounts are correctly defined. What should you do? (Choose three)

  • A. Use HCM's Enterprise Structure Configurator (ESC) first
  • B. Use the Rapid Implementation spreadsheet when creating your enterprise structure
  • C. Deploy your chart of accounts
  • D. Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets
  • E. Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies

Answer: A,B,C
NEW QUESTION # 29
You set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of subledger. Which two actions should you now perform? (Choose two.)

  • A. Ensure that the Accounting Calendar and Currency are the same as the Primary Ledger
  • B. Assign a Subledger Accounting Method to the secondary ledger
  • C. Define Journal Conversion Rules that exclude subledgers
  • D. Define Journal Conversion Rules that include subledgers in order to transfer subledger transactions
  • E. Define Supporting References with balances

Answer: B,D
NEW QUESTION # 30
Which two methods can your General Ledger accountants use to more easily view large amounts of data contained in the tables in their work areas? (Choose two.)

  • A. Detach the table to resize it to the maximum size of the monitor.
  • B. Export the table to Excel
  • C. Use the Freeze feauture on the tables to scroll through large amounts of data
  • D. Run a Business Intelligence Publisher report with Excel as the output format

Answer: A,C
NEW QUESTION # 31
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